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Property Overview

Condominium building

Price: USD 348000
Location: Manta, ECUADOR
Property Type: House
Ad Type: Rent

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Property Details

Condominium building

The developer of this project is offering a guaranteed return of 16% per
year for 6 years.

118m2, 2 bed, 2 bath

apartments (large by european standards - the
developer builds for the American market in The Carribean and

South
America). Quality fittings, these will be confirmed on the reservation
forms.
5km from the nearest beach and

minutes from the Guadiana bridge crossing
the river to Portugal by motorway and 45 mins. from Faro airport. The area
is

becoming exeptionally popular, it is very beautiful with nature
reserves, wildlife, Herons, Storks, Flamingos there are

Golf Courses and
picturesque villages with Portuguese influences very close by. Please see
the following for a flavour

of the area .andalucia /province/huelva/ayamonte/home.htm

Each 34,000 Euros buys a 1 month share to use or to

receive 16% per year
for 6 years. If ownership is kept for 3 years 3 months it is no longer
classed as an investment in

Spain and is therefore tax efficient.

34,000 Euros of which
96% is covered by the rental return which means after

this period it has
cost you 1,360 Euros + legal costs, Notary/tax etc (10-12% of purchase
price) in short around 5,000

Euros.


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